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Evolution of yield management in travel

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  • Ben Vinod

    (Sabre Holdings)

Abstract

Yield management came into existence on a significant scale a few years after the deregulation of the US airline industry in 1978. This article reviews the evolution of yield management in the airline industry and how it has influenced a range of travel related adjacent service industries with perishable inventory such as hotels, rental car and cruise lines. Current trends and new value propositions in pricing and yield management are also addressed.

Suggested Citation

  • Ben Vinod, 2016. "Evolution of yield management in travel," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 15(3), pages 203-211, July.
  • Handle: RePEc:pal:jorapm:v:15:y:2016:i:3:d:10.1057_rpm.2016.15
    DOI: 10.1057/rpm.2016.15
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    References listed on IDEAS

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    Cited by:

    1. B. Vinod, 2021. "Advances in revenue management: the last frontier," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 20(1), pages 15-20, February.
    2. Tianhua Zhang & Juliang Zhang & Fu Zhao & Yihong Ru & John W. Sutherland, 2020. "Allocating resources for a restaurant that serves regular and group-buying customers," Electronic Commerce Research, Springer, vol. 20(4), pages 883-913, December.
    3. Alderighi, Marco & Nava, Consuelo R. & Calabrese, Matteo & Christille, Jean-Marc & Salvemini, Chiara B., 2022. "Consumer perception of price fairness and dynamic pricing: Evidence from Booking.com," Journal of Business Research, Elsevier, vol. 145(C), pages 769-783.
    4. Marketa Kubickova, 2022. "Revenue management in manufacturing: systematic review of literature," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 21(2), pages 147-152, April.

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